Halifax, Nova Scotia - (Newsfile Corp. - September 2, 2021) - Mr. Wade Dawe of Halifax NS announces the acquisition of common shares of Torrent Capital Ltd. (TSXV: TORR) ("Torrent"). On September 1, 2021, Kelligrew Inc., a private corporation controlled by Mr. Dawe, acquired 49,300 common shares of Torrent through open market acquisitions at an average price of $ 1.02 per share.
As a result of the acquisition, Mr. Dawe and the entities he owns own 6,379,634 common shares of Torrent, representing 26.3% of the 24,231,667 common shares issued and outstanding in Torrent as of September 1, 2021 .
The common shares of Torrent were acquired for investment purposes. Mr. Dawe may increase or decrease his investment in Torrent depending on future market conditions or any other relevant factor.
This press release is issued as required by National Instrument 62-103 - The Early Warning System and Public Tenders and Related Insider Information Reports in connection with the submission of an Early Warning Report dated 2 February September 2021. The Early Warning Report regarding this acquisition has been filed in the Electronic Document Review and Analysis System ("SEDAR").
For more information contact:
Mr. Wade Dawe
(902) 422-1421
(signed) "Wade dawe"
Wade Dawe,
2001-1969 Upper Water Street,
Halifax, NS B3J 3R7
To view the original version of this press release, visit https://www.newsfilecorp.com/release/95374
